SPQ 9.09% 1.2¢ superior resources limited

Ann: Phase 2 Drilling Program commences at Bottletree, page-177

  1. 2,749 Posts.
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    Exactly my point mate.

    They've labelled 'price sensitive' on CC cores (prior to assays), and released them to market at varying stages as they were completed. This has not happened with BT. So my conclusion is that there is nothing of note from what they've drilled - otherwise they would have labeled it price sensitive and slapped it up as an announcement (cores and/or assays). Whether it truly is 'material' or not, isn't the concern. You can see how the company operates, what they release to the market and when. If they deviate from their 'normal' process, then something is generally awry.

    Besides actual assays, in my experience, 99/100 times companies tend to release to the market when a drilling program has been completed and have now been sent to the labs. Being a decent program of 4.25km of drilling, I would have expected at minimum shareholders being notified that it's been completed (as stated above, it should have been completed long ago given the time they've had).

    I noticed you didn't address the delayed SE process options study. A month overdue, and no guidance from the company on where they're at. I do wonder, have they followed up with the contractors doing the study? Why haven't they conveyed the follow up response to us shareholders?

    Questions that can be asked to management, but like I said unfortunately I don't have time/effort to be drafting up all my concerns for it to be ignored/generic response. Will see how I go for time next week... but bottom line is these questions shouldn't have to be asked.
 
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